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Run the numbers is what i ask people to do. go through the arithmetic. and you will find that it is not 18%. that is an erroneous calculation because they are not taking into account the elimination of the 15.3% payroll tax. herman cain, republican front-runner for the presidency, thank you very much for joining me tonight. thank you for giving us extra time. lawrence, i would come back and have a chat with you anytime. thank you, sir. we will do it. i can t wait. thank you very much. good luck on the campaign trail. [ applause ] thank you. still ahead in this program, sarah palin finally formally confirms what anyone who s been listening to jonathan capehart or me has known for a very, very long time. she is the most recent losing vice presidential candidate who will never be president. and i ll be joined next by a man who actually worked with sarah ....
About a tax like that, considering the higher food prices that we ve seen over the last several years. some of the prices have gone up and it s really hurt american families. that s why i m focusing a little bit on this specifically because people want to know in a plan like this how it affects their personal finances. you re absolutely right. a lot of families have suffered. but here are two things that we are going to do in order to keep the prices from escalating. number one get this economy growing. in addition to having a net, net lower tax break for everybody that is out there working, remember the biggest tax that a lot of people pay is the payroll tax, that is 15.3%. that is going to go to 9. if you have got the economy growing. the thing that will stimulate the economy is certainty. businesses aren t planning for tpwroet. but they are going to plan for growth, because we re going to say thinks the tax plan we are going to use, we want people thinking about growth. my energy ....
Gop presidential hopeful herman cain really been on fire the last couple of days, he won the florida straw poll by a landslide, 37 percent, he got in florida, and according to frank luntz, he really fared very well in terms of connecting with people at the debate in orlando. check out the lines, you re going to watch the lines that we re familiar with now, when cain answers this question. watch: treat all businesses the same and the people who are paying only payroll tax, 15.3, that 15.3, they don t have to pay, now they only have to pay that 9 percent. and unlike governor romney s plan, my plan throws out the old one, he s still hooked to the current tax code. that dog won t hunt. [applause] martha: frank luntz is here to explain all those lines you see on the screen, he s author of win, taking your business from ordinary to extraordinary. ....
12346789. no, there is no danger in that. first, let me answer dave s question with the 999 plan. unfortunately, nobody else answered this question. he wanted to know with small businessmen, what are we going to do to help the small business person. i walked in dave s sloos. shoes. this economy is on life support. the 999 is a bold solution. throw out the current tax code and pass the 9% business flat tax and 9% personal income tax and a 9% national sales tax. this is the most important part. it eliminates or replaces corporate income tax, personal income tax. capital gains tax as well as the estate tax. then it treats all businesses the same. and the people who are paying only payroll ta, 15.3, they dot have to pay. now, they only have to pay that 9%. and unlike governor romney s ....
12346789. no, there is no danger in that. first, let me answer dave s question with the 999 plan. unfortunately, nobody else answered this question. he wanted to know with small businessmen, what are we going to do to help the small business person. i walked in dave s sloos. shoes. this economy is on life support. the 999 is a bold solution. throw out the current tax code and pass the 9% business flat tax and 9% personal income tax and a 9% national sales tax. this is the most important part. it eliminates or replaces corporate income tax, personal income tax. capital gains tax as well as the estate tax. then it treats all businesses the same. and the people who are paying only payroll ta, 15.3, they dot have to pay. now, they only have to pay that 9%. and unlike governor romney s ....